The World System Since 1500 - Essay Example

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The World System Since 1500

Military had consumed around a quarter of the Gross National Product's share and the focus from production of consumer goods and investment in the civilian sector declined more and more as the time progressed. In 1985 Soviet Union's growth rate had approached to almost zero, the currency experienced a major fall, adding more to the fact that the petroleum prices slide. To end the turmoil Mikhail Gorbachev reached concessions with the United States and started to back out by informing that they are no more interested in intervening the affairs of the allied states in Eastern Europe and also withdrew their forces from Afghanistan. And finally, in 1989, George H.W. Bush announced that the cold war era has finally reached an end. And later in that year USSR broke into fifteen different independent states.
The problem or the so called sovereignty of the states is protected by the nations' acts of advancements and defense of their interests at the expense of all the other nations. And thus International Law has always been struggling to protect the world from this menace of war. ...
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Summary

The cold war remained around for 40 years and is characterized by the tension between the United States and Soviet Union and their respective allies. This was the period from the mid 1940s until the early years of 1990s; during this era international relations between the major powers including USSR, Britain, France, China and United States moved the world…
Author : ujones

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